Category Archives: Globalization

Impoverished Economics? Unpacking the Economics Nobel Prize

Yves here. Even thought the mainstream media, as usual, duly applauded the winners of this year’s “Nobel” prize in economics, there’s been less attention paid to the recipients than usual and far more criticism, some very measured, others more critical. The winners helped develop and promote an approach to development economics they called “randomized control […]


Thomas Piketty’s New Book: Impressive Research, Problematic Solutions

Capital and Ideology is a quantitative history of inequality, a largely noneconomic theory of social stratification, an investigation into the social roots of current populism, and a political manifesto for the European left.